Music Broadcast Balance Sheet Health
Financial Health criteria checks 3/6
Music Broadcast has a total shareholder equity of ₹5.3B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are ₹6.7B and ₹1.4B respectively.
Key information
20.0%
Debt to equity ratio
₹1.05b
Debt
Interest coverage ratio | n/a |
Cash | ₹813.06m |
Equity | ₹5.26b |
Total liabilities | ₹1.42b |
Total assets | ₹6.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540366's short term assets (₹1.8B) exceed its short term liabilities (₹387.8M).
Long Term Liabilities: 540366's short term assets (₹1.8B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 540366's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 540366's debt to equity ratio has increased from 8.3% to 20% over the past 5 years.
Debt Coverage: 540366's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: Insufficient data to determine if 540366's interest payments on its debt are well covered by EBIT.